Profitable Café In Walsall West Midlands | | Walsall West Midlands | | 52-cover café Walsall, West Midlands T/O: £150,000 GP: 58% Prominent location Busy industrial area Close to town centre Huge scope | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 67379
ADVERT IMPRESSIONS : 9,568 TIME(S) | | | | BUSINESS SECTOR: | Catering | | TRADE TYPE: | Cafes | | SALE: | Agent Sale | LEASEHOLD: | £54,950 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Location
Premier Diner occupies a prominent corner trading position on Queen Street, close to the town centre of Walsall. The business is surrounded by a wealth of industrial units and businesses from which it draws much trade. The diner benefits from ample free on-road parking, a high footfall and much passing trade. The town's railway station is less than a third of a mile away, while the town centre and all of its amenities are within half a mile. Walsall is easily accessed with junction 10 of the M6 motorway approximately a mile away. Wolverhampton lies approximately 7 miles away and Birmingham is approximately 10 miles southeast.
Business History
Preferred Commercial is delighted to offer for sale this popular café, which has been in our clients' hands since 2006 and which is only now being placed on the market due to our clients' wish to relocate. The 52 cover café operates 6 days a week on limited hours, offering sandwiches, traditional breakfasts, pies and hot and cold beverages and generates a turnover in the region of £150,000 per annum with a gross profit of 58%. A new owner could increase turnover by perhaps, expanding into outside catering, offer local deliveries and establish a web site with on-line ordering facilities. There is the internal configuration to increase the number of covers. The café benefits from an enviable reputation and much regular custom. We feel this is an ideal opportunity to acquire a thriving café with huge scope for future growth. Early discussions with Preferred Commercial must come highly recommended.
Financial Details
T/O: £150,000 approx.
GP: 58%
Opening Hours
Mon - Fri: 7.00am - 2.00pm
Sat; 8.00am - 12.00pm
Sun: Closed
Accommodation Details
Ground floor lock up café premises situated on a prominent corner trading position. Briefly comprising:
Ground Floor
• Main café area with tables and chairs for 52 covers and ample space to add more, non-slip flooring and diffused lighting, large wall mounted menu boards, drinks chiller, serving counter with table top pie warmer and table top chiller
• Ladies WC
• Gents WC
• Spacious commercial kitchen with salad preparation bar, 3 x under counter chillers, hot cupboard, stainless steel double door refrigerator, stainless steel preparation surfaces, and stainless steel extraction system, 4 x fryers, double commercial sink, gas griddle, 2 x microwave ovens, 6-burner hob and ovens, 6-pot Bain Marie and toaster
External
• Car parking to rear for approximately 6 vehicles
Tenure
Leasehold
Original length: 10 years
Remaining: 5 years
Review: every 3 years
Rent: £10,600 per annum | | | | | | FOR SALE | | | | | REFERENCE: | 2678 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
